12028 Glengrove DrMaryland HeightsMO63043
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Maryland Heights at 12028 Glengrove Dr, Maryland Heights, MO, 63043 generates $2,762/mo in rent and, after a $1,370/mo payment, leaves $1,019/mo in cash flow. Total monthly income is $2,762/mo, and annual cash flow is $12,226/yr on $92,787 invested. Return on cash invested sits at 33.08% in year one, and rental yield is 11.84% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 173.55% and total cumulative return in cash sums $161,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,762/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
10,881 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 63043, Maryland Heights, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,113 (100%) |
| Owner Occupied HU | 6,596 (65.2%) |
| Renter Occupied HU | 2,960 (29.3%) |
| Vacant Housing Units | 557 ( 5.5%) |
| Median Home Value | $225,867 |
| Average Home Value | $275,033 |
Housing Distribution
Address Breakdown
Residential
9,645
Single Family
8,261
Multi-Family
1,384
Businesses
1,086
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela M Kittner-Brosseau • Keller Williams Realty St. Louis
Mls Name: MARIS
Mls ID: #25061296